In a new Working Paper, CFR Fellow for Energy and National Security Blake Clayton studies the political and economic consequences of the coordinated release of emergency oil stockpiles in summer 2011. Clayton draws lessons from the experience for policymakers considering future releases and concludes that tapping reserves can limit price shocks in the short term but should only be done in the direst of economic circumstances. Read the Working Paper »

Risk Analysis

In a Wall Street Journalop-ed co-authored with CFR analyst Dinah Walker, CFR Senior Fellow Benn Steil shows that the Fed has effectively been targeting "risk on, risk off"—prodding investors into and out of risky financial assets—for over a decade now. They derive a rule that predicts the Fed's behavior since 2000 even better than the "Taylor Rule" did from 1987 to 1999. Read the Op-Ed »

Too Much and Too Little

CFR Adjunct Senior Fellow Peter Orszag says recent research shows that the United States could spend its health-care dollars more efficiently and effectively by moving away from a fee-for-service payment model. Read the Column »

While the U.S. health care system struggles with wasteful spending, CFR Senior Fellow Thomas Bollyky says the international effort to combat noncommunicable diseases still lacks crucial funding, support, and public attention more than one year after the UN took up the issue at a high-level meeting. Read the Interview »

CFR Senior Fellow Edward Alden digs into the World Economic Forum's latest Global Competitiveness Report to better understand why the United States has fallen from the top of the report's annual rankings. Read the Post on Renewing America »

Follow Geo-Graphics on Twitter

On Twitter? Follow @CFR_GeoGraphics for a graphical take on geoeconomic issues from CFR Senior Fellow Benn Steil and analyst Dinah Walker.

About CGS

The Maurice R. Greenberg Center for Geoeconomic Studies (CGS) works to promote a better understanding among policymakers, scholars, journalists, and the public about how economic and political forces interact to influence world affairs.